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Your results are here!! for" SCHEME FOR FINANCING COMBINE HARVESTERS "
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Question 1 of 10
1. Question
What is the main purpose of the Scheme for Financing Combine Harvesters?
Correct
The scheme provides finance for the purchase of combine harvesters for custom service units, custom hiring, State Agriculture Farms and eligible corporations.
Incorrect
The scheme provides finance for the purchase of combine harvesters for custom service units, custom hiring, State Agriculture Farms and eligible corporations.
Unattempted
The scheme provides finance for the purchase of combine harvesters for custom service units, custom hiring, State Agriculture Farms and eligible corporations.
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Question 2 of 10
2. Question
Who can obtain finance for setting up custom service units using combine harvesters?
Correct
Persons, groups of farmers and individual farmers desirous of setting up custom service units or undertaking custom hiring can be financed.
Incorrect
Persons, groups of farmers and individual farmers desirous of setting up custom service units or undertaking custom hiring can be financed.
Unattempted
Persons, groups of farmers and individual farmers desirous of setting up custom service units or undertaking custom hiring can be financed.
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Question 3 of 10
3. Question
What should an intending farmer borrower be able to do in relation to the combine harvester?
Correct
Farmer borrowers should be able to maintain and run the combine harvester or make suitable arrangements for the same.
Incorrect
Farmer borrowers should be able to maintain and run the combine harvester or make suitable arrangements for the same.
Unattempted
Farmer borrowers should be able to maintain and run the combine harvester or make suitable arrangements for the same.
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Question 4 of 10
4. Question
What qualification is required for persons other than farmers seeking finance for a combine harvester?
Correct
Non-farmer borrowers should be technically qualified and have adequate know-how, skill and managerial ability to run custom service units.
Incorrect
Non-farmer borrowers should be technically qualified and have adequate know-how, skill and managerial ability to run custom service units.
Unattempted
Non-farmer borrowers should be technically qualified and have adequate know-how, skill and managerial ability to run custom service units.
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Question 5 of 10
5. Question
What should State Agriculture Farms or eligible Corporations have to run and maintain combine harvesters?
Correct
State Agriculture Farms/Corporations engaged in land development activities should have adequate resources and command area.
Incorrect
State Agriculture Farms/Corporations engaged in land development activities should have adequate resources and command area.
Unattempted
State Agriculture Farms/Corporations engaged in land development activities should have adequate resources and command area.
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Question 6 of 10
6. Question
What is the nature of loan provided under the Combine Harvester Financing Scheme?
Correct
The scheme provides finance in the form of a Term Loan.
Incorrect
The scheme provides finance in the form of a Term Loan.
Unattempted
The scheme provides finance in the form of a Term Loan.
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Question 7 of 10
7. Question
How is the extent of loan determined under the Combine Harvester Financing Scheme?
Correct
The loan is need based. The cost of the combine harvester should also be verified to ensure that it is not inflated.
Incorrect
The loan is need based. The cost of the combine harvester should also be verified to ensure that it is not inflated.
Unattempted
The loan is need based. The cost of the combine harvester should also be verified to ensure that it is not inflated.
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Question 8 of 10
8. Question
Why should the cost of the combine harvester be verified before financing?
Correct
The cost should be verified to ensure that the price of the combine harvester is not inflated.
Incorrect
The cost should be verified to ensure that the price of the combine harvester is not inflated.
Unattempted
The cost should be verified to ensure that the price of the combine harvester is not inflated.
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Question 9 of 10
9. Question
What is the repayment period for loans under the Combine Harvester Financing Scheme?
Correct
The loan is repayable over 5 to 7 years, depending upon income generation.
Incorrect
The loan is repayable over 5 to 7 years, depending upon income generation.
Unattempted
The loan is repayable over 5 to 7 years, depending upon income generation.
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Question 10 of 10
10. Question
In which manner are the combine harvester loan installments generally scheduled?
Correct
Repayment is made in half-yearly or yearly installments, depending upon income generation.
Incorrect
Repayment is made in half-yearly or yearly installments, depending upon income generation.
Unattempted
Repayment is made in half-yearly or yearly installments, depending upon income generation.